Kushner Companies is no longer delinquent on loan payments tied to its struggling Times Square retail property. The development group is now in a grace period on a $285 million CMBS loan secured by the 248,457-square-foot retail condo at 229 West 43rd Street. The loan had been over 90 days delinquent. The loan was brought out of delinquency in October when lender-held reserves were used to make outstanding interest payments from April through September, according
source https://therealdeal.com/2020/11/11/kushner-companies-no-longer-delinquent-on-times-square-loans/
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